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洛克希德·马丁（LMT）与保德信金融（PRU）财务数据对比。点击上方公司名可切换其他公司
洛克希德·马丁的季度营收约是保德信金融的1.1倍（$18.0B vs $15.7B），洛克希德·马丁净利率更高（8.3% vs 5.8%，领先2.5%），保德信金融同比增速更快（25.3% vs 0.3%），过去两年洛克希德·马丁的营收复合增速更高（-0.3% vs -18.3%）
洛克希德·马丁是美国知名国防与航空航天制造企业，总部位于美国马里兰州北贝塞斯达。该公司由洛克希德公司与马丁·玛丽埃塔公司于1995年3月15日合并组建，在全球防务、航天科技等领域拥有深厚技术积累，是全球顶尖的军工及航天设备供应商。
保德信金融是美国头部金融服务企业，旗下子公司面向美国及全球40余个国家的零售与机构客户，提供保险、退休规划、投资管理等多元产品与服务。2019年其为美国规模最大的保险提供商，总资产达8151亿美元，同时入选财富世界500强及美国财富500强榜单。
LMT vs PRU — 直观对比
营收规模更大
LMT
是对方的1.1倍
$15.7B
营收增速更快
PRU
高出25.0%
0.3%
净利率更高
LMT
高出2.5%
5.8%
两年增速更快
LMT
近两年复合增速
-18.3%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $18.0B | $15.7B |
| 净利润 | $1.5B | $905.0M |
| 毛利率 | 11.5% | — |
| 营业利润率 | 3.4% | 7.7% |
| 净利率 | 8.3% | 5.8% |
| 营收同比 | 0.3% | 25.3% |
| 净利润同比 | -13.1% | 1687.7% |
| 每股收益（稀释后） | $6.44 | $2.54 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收LMTPRU
| Q1 26 | $18.0B | — | ||
| Q4 25 | $20.3B | $15.7B | ||
| Q3 25 | $18.6B | $17.9B | ||
| Q2 25 | $18.2B | $13.7B | ||
| Q1 25 | $18.0B | $13.5B | ||
| Q4 24 | $18.6B | $12.5B | ||
| Q3 24 | $17.1B | $19.5B | ||
| Q2 24 | $18.1B | $14.9B |
净利润LMTPRU
| Q1 26 | $1.5B | — | ||
| Q4 25 | $1.3B | $905.0M | ||
| Q3 25 | $1.6B | $1.4B | ||
| Q2 25 | $342.0M | $533.0M | ||
| Q1 25 | $1.7B | $707.0M | ||
| Q4 24 | $527.0M | $-57.0M | ||
| Q3 24 | $1.6B | $448.0M | ||
| Q2 24 | $1.6B | $1.2B |
毛利率LMTPRU
| Q1 26 | 11.5% | — | ||
| Q4 25 | 11.4% | — | ||
| Q3 25 | 12.0% | — | ||
| Q2 25 | 4.0% | — | ||
| Q1 25 | 12.9% | — | ||
| Q4 24 | 3.7% | — | ||
| Q3 24 | 12.4% | — | ||
| Q2 24 | 11.8% | — |
营业利润率LMTPRU
| Q1 26 | 3.4% | — | ||
| Q4 25 | 11.5% | 7.7% | ||
| Q3 25 | 12.3% | 10.0% | ||
| Q2 25 | 4.1% | 5.4% | ||
| Q1 25 | 13.2% | 6.8% | ||
| Q4 24 | 3.7% | -1.2% | ||
| Q3 24 | 12.5% | 2.8% | ||
| Q2 24 | 11.9% | 9.5% |
净利率LMTPRU
| Q1 26 | 8.3% | — | ||
| Q4 25 | 6.6% | 5.8% | ||
| Q3 25 | 8.7% | 8.0% | ||
| Q2 25 | 1.9% | 3.9% | ||
| Q1 25 | 9.5% | 5.2% | ||
| Q4 24 | 2.8% | -0.5% | ||
| Q3 24 | 9.5% | 2.3% | ||
| Q2 24 | 9.1% | 8.0% |
每股收益（稀释后）LMTPRU
| Q1 26 | $6.44 | — | ||
| Q4 25 | $5.80 | $2.54 | ||
| Q3 25 | $6.95 | $4.01 | ||
| Q2 25 | $1.46 | $1.48 | ||
| Q1 25 | $7.28 | $1.96 | ||
| Q4 24 | $2.27 | $-0.14 | ||
| Q3 24 | $6.80 | $1.24 | ||
| Q2 24 | $6.85 | $3.28 |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | $1.9B | $19.7B |
| 总债务越低越好 | $168.0M | — |
| 股东权益账面价值 | $7.5B | $32.4B |
| 总资产 | $59.2B | $773.7B |
| 负债/权益比越低杠杆越低 | 0.02× | — |
8季度趋势，按日历期对齐
现金及短期投资LMTPRU
| Q1 26 | $1.9B | — | ||
| Q4 25 | $4.1B | $19.7B | ||
| Q3 25 | $3.5B | $17.5B | ||
| Q2 25 | $1.3B | $16.6B | ||
| Q1 25 | $1.8B | $16.1B | ||
| Q4 24 | $2.5B | $18.5B | ||
| Q3 24 | $3.2B | $20.2B | ||
| Q2 24 | $2.5B | $17.1B |
总债务LMTPRU
| Q1 26 | $168.0M | — | ||
| Q4 25 | $21.7B | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $20.3B | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
股东权益LMTPRU
| Q1 26 | $7.5B | — | ||
| Q4 25 | $6.7B | $32.4B | ||
| Q3 25 | $6.2B | $32.1B | ||
| Q2 25 | $5.3B | $30.6B | ||
| Q1 25 | $6.7B | $29.9B | ||
| Q4 24 | $6.3B | $27.9B | ||
| Q3 24 | $7.2B | $30.4B | ||
| Q2 24 | $6.2B | $28.0B |
总资产LMTPRU
| Q1 26 | $59.2B | — | ||
| Q4 25 | $59.8B | $773.7B | ||
| Q3 25 | $60.3B | $776.3B | ||
| Q2 25 | $58.9B | $759.0B | ||
| Q1 25 | $56.7B | $739.3B | ||
| Q4 24 | $55.6B | $735.6B | ||
| Q3 24 | $55.5B | $760.3B | ||
| Q2 24 | $55.1B | $715.2B |
负债/权益比LMTPRU
| Q1 26 | 0.02× | — | ||
| Q4 25 | 3.23× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 3.20× | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | $220.0M | $3.3B |
| 自由现金流经营现金流 - 资本支出 | $-291.0M | — |
| 自由现金流率自由现金流/营收 | -1.6% | — |
| 资本支出强度资本支出/营收 | 2.8% | — |
| 现金转化率经营现金流/净利润 | 0.15× | 3.67× |
| 过去12个月自由现金流最近4个季度 | $5.7B | — |
8季度趋势，按日历期对齐
经营现金流LMTPRU
| Q1 26 | $220.0M | — | ||
| Q4 25 | $3.2B | $3.3B | ||
| Q3 25 | $3.7B | $4.3B | ||
| Q2 25 | $201.0M | $1.2B | ||
| Q1 25 | $1.4B | $-2.5B | ||
| Q4 24 | $1.0B | $2.3B | ||
| Q3 24 | $2.4B | $1.1B | ||
| Q2 24 | $1.9B | $-146.0M |
自由现金流LMTPRU
| Q1 26 | $-291.0M | — | ||
| Q4 25 | $2.8B | — | ||
| Q3 25 | $3.3B | — | ||
| Q2 25 | $-150.0M | — | ||
| Q1 25 | $955.0M | — | ||
| Q4 24 | $441.0M | — | ||
| Q3 24 | $2.1B | — | ||
| Q2 24 | $1.5B | — |
自由现金流率LMTPRU
| Q1 26 | -1.6% | — | ||
| Q4 25 | 13.6% | — | ||
| Q3 25 | 18.0% | — | ||
| Q2 25 | -0.8% | — | ||
| Q1 25 | 5.3% | — | ||
| Q4 24 | 2.4% | — | ||
| Q3 24 | 12.2% | — | ||
| Q2 24 | 8.3% | — |
资本支出强度LMTPRU
| Q1 26 | 2.8% | — | ||
| Q4 25 | 2.3% | — | ||
| Q3 25 | 2.0% | — | ||
| Q2 25 | 1.9% | — | ||
| Q1 25 | 2.5% | — | ||
| Q4 24 | 3.1% | — | ||
| Q3 24 | 2.1% | — | ||
| Q2 24 | 2.0% | — |
现金转化率LMTPRU
| Q1 26 | 0.15× | — | ||
| Q4 25 | 2.40× | 3.67× | ||
| Q3 25 | 2.30× | 3.00× | ||
| Q2 25 | 0.59× | 2.18× | ||
| Q1 25 | 0.82× | -3.54× | ||
| Q4 24 | 1.94× | — | ||
| Q3 24 | 1.50× | 2.47× | ||
| Q2 24 | 1.14× | -0.12× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
LMT
| Aeronautics | $7.0B | 39% |
| Rotary and Mission Systems | $4.3B | 24% |
| Missiles and Fire Control | $3.4B | 19% |
| Space | $3.2B | 18% |
PRU
| Other | $8.5B | 54% |
| International Insurance Division | $4.4B | 28% |
| US Businesses Division | $1.6B | 10% |
| PGIM Division | $1.1B | 7% |
| Trading | $51.0M | 0% |
